Even Lyle Overbay, a desperation signing in late March, has given the Yankees league-average production.
In industries where average production costs fall as output increases, producing economies of scale, this means lower costs and prices.
The company has been able to keep its average production costs low.
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Pursuing such a vision would require very high marginal tax rates on anyone with above average production, income and wealth, which experience as well as theory shows us leads to less production.
Alarm bells started to ring at the firm's headquarters when a Cadbury-financed study by the University of Sussex and the University of Accra found that the average production of a cocoa farmer had dropped to 40% of potential yield, and that the children of cocoa farmers did not want to work in the family business any more.
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The company expects to move it into production in 2013 with average annual production expected to total roughly 400, 000 ounces of gold.
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The company's average daily production has increased during the period by a compound annual growth rate of 96%, and it aims to drill as many as 67 wells this year.
Its average daily production last year was over 3.4 million barrels--some 11% of the OPEC total--well ahead of countries like Kuwait and Nigeria (see chart, p. 40), and 50% more than Iraq needs to finance its ambitious development plans.
The company is targeting average oil sands production of 280, 000 bpd for the year.
America's top bosses earn over 300 times more than production workers on average.
That dropped oil sands production to an average of 202, 300 barrels per day (bpd) compared to 278, 000 bpd in 2009.
Oil sands production contributed an average of 306, 600 barrels per day (bpd), which was up only slightly from 305, 300 bpd in the same quarter a year ago.
Although labour costs are low enough for them to employ cheap workers instead of expensive robots at many points on the production line, average productivity is staggeringly low: a quarter of American levels, although the newest plants (such as Fiat's) approach world standards.
Since 1999 Encore has boosted production by an average 24% and its proved reserves by 20% at a time when the rest of the industry has been flat to slightly down in both key categories in the U.S., according to research firm John S. Herold.
In the past 6 recessions, industrial production fell by an average of 4.6 percent and employment by 1.1 percent.
Production, at an average 2.6 million BOE (barrels of oil or the natural gas equivalent) a day, is about where it was three years ago at ChevTex.
Exxon has long been known for keeping production costs low compared to competitors, and with crude prices on average 83.7% higher than a year ago in addition to production growth of 4.5%, last quarter should have been far better.
As the production cost decreases, the average selling price will continue to decline, making solar a more attractive alternative energy solution.
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The performance in Q was better than in the comparable period in 2011 due to higher average realized prices as well as higher production and sales of copper, gold, and molybdenum.
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If the relatively steady supply of natural gas is stripped out, the numbers look even worse: oil production fell by 9% on average.
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On the other hand, the average tariff of nearly 30% should encourage production for the home market, but Iranians seem to prefer property or commerce to industry.
Turning to pineapple production from maize and cassava promised average returns of more than 1, 200%, according to a 1999 study by Markus Goldstein and Christopher Udry of Yale University.
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Many hip hop crews are lucky to have one above average MC to lean on, relying instead on production strength to prop them up.
In contrast, across all age groups and education levels, government figures show that the average age-adjusted hourly wage for workers in production and non supervisor roles have, in fact, risen 3% in the same time period.
But Phillip Watts, head of exploration and production, boldly reported a three-year average replacement rate of 102%.
Mighty Leaf spends 20 cents on an average tea bag--the couple contracts out the production of the bags.
The company said this was due to lower production rates at the Palmarejo mine, lower average realized silver and gold prices and fewer ounces of silver and gold sold.
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The Senate's version of the bill would raise vehicle fuel-economy standards to an average of 35 miles per gallon by 2020 and increase production of ethanol and other biofuels by more than 600% by 2022 and criminalizes price-gouging by oil companies.
The typical American meal contains, on average, ingredients that traveled over 1, 500 miles from production to plate.
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